Digitalization: moving from step change to transformation in power generation
2017-07-19 - Power Engineering Magazine article by Thomas Trepanier - July 12, 2017
You've no doubt seen or heard a lot of discussion these days about the terms "digitization" and "digitalization," as well as some disagreement as to the difference between the two. Digitization seems to be the easier to define - basically taking an analog "thing" like a paper diagram or material safety data sheet (MSDS) and scanning it to make it digital. But, digitalization encompasses so much more than simply scanning paper documents.
Leading industry research firm Gartner, defines digitalization in its IT Glossary as "the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business. This description truly captures the essence of what digitalization is and why it is so important to the power generation industry - and so challenging.
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